Mogul MKE | July 2022

P E O P L E

-

P L A C E S

-

L I F E S T Y L E

Mogul MKE J U LY 2 0 2 2 | I SSU E N O. 6

B Y B RA N D O N T Y L ER |

GL O B A L R EA L ESTAT E A D V I S O R |

B RA N D O N T Y L ER R E.C O M

Mahler Sotheby?s International Realty is a boutique real estate brokerage specializing in representing the buyers and sellers of extraordinary homes throughout Wisconsin. Our consultative approach, along with our clear focus on gracious service and exceptional results, has achieved record sales numbers from the North Shore to the western suburbs, Lake Country and beyond. Our affiliation with Sotheby?s International Realty was born out of a desire to open a new world of marketing channels and exposure, yet never outgrow our key mission to meet the uniquely individual concerns of each of our valued clients.

Let?s Work Together.

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

JUN E 2 0 2 2

Market Update U P P ER EA ST S I D E

N O RT H S H O RE

D OW N T OW N C O N D OS

M EQ U O N

B AY V I EW

WA U WAT OS A

B RO O K FI EL D

118

$527,500

3

# OF SOLD LISTIN GS YTD ( 12 7 LY)

M EDIAN SALE PRICE YTD ( $ 4 75,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 5 LY)

245

$456,000

4

# OF SOLD LISTIN GS YTD ( 2 5 9 LY)

M EDIAN SALE PRICE YTD ( $ 4 2 5,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 4 LY)

192

$284,250

7

# OF SOLD LISTIN GS YTD ( 2 3 5 LY)

M EDIAN SALE PRICE YTD ( $ 2 8 5,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 24 LY)

151

$600,000

4

# OF SOLD LISTIN GS YTD ( 16 4 LY)

M EDIAN SALE PRICE YTD ( $ 6 0 0 ,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 13 LY)

230

$249,950

4

# OF SOLD LISTIN GS YTD ( 2 0 7 LY)

M EDIAN SALE PRICE YTD ( $ 2 3 6 ,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 5 LY)

367

$345,000

4

# OF SOLD LISTIN GS YTD ( 3 5 2 LY)

M EDIAN SALE PRICE YTD ( $ 3 12 ,75 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 4 LY)

257

$447,100

4

# OF SOLD LISTIN GS YTD ( 2 8 7 LY)

M EDIAN SALE PRICE YTD ( $ 4 2 1,0 0 0 LY)

M EDIAN DAYS ON M ARKET YTD ( 5 LY)

© 2 0 2 2 M ah l er So t h eby ?s In t er n at i o n al Real t y. Al l Ri gh t s Reser ved . Th e So t h eb y ?s In t er n at i o n al Real t y t r ad em ar k i s l i c en sed an d u sed w i t h p er m i ssi o n . Eac h So t h eb y ?s In t er n at i o n al Real t y of f i c e i s i n d ep en d en t l y ow n ed an d o p er at ed , exc ep t t h ose o p er at ed by So t h eb y ?s In t er n at i o n al Real t y, In c. Th e So t h eb y ?s In t er n at i o n al Real t y n et wo r k f u l l y su p p o r t s t h e p r i n c i p l es of t h e Fai r Ho u si n g Ac t an d t h e Eq u al Op p o r t u n i t y Ac t . Th i s m at er i al i s b ased u p o n i n f o r m at i o n w h i c h we c o n si d er r el i ab l e b u t b ec au se i t h as b een su p p l i ed by t h i r d p ar t i es, we c an n o t r ep r esen t t h at i t i s ac c u r at e o r c o m p l et e an d i t sh o u l d n o t b e r el i ed u p o n as su c h . In f o r m at i o n i s o b t ai n ed f r o m t h e M et r o M LS, d eem ed r el i ab l e b u t n o t gu ar an t eed f r o m 0 7/ 12 / 2 2 .

Greater Milwaukee Area J U N E S A L ES | M A RK ET U P DAT E FRO M GM A R

Count y

20 21

20 22

% Change

Milwaukee

1,375

1,251

-9.0 %

Waukesha

70 6

635

-10.1%

Washington

247

20 0

-19.0 %

Ozaukee

166

144

-13.3%

Metro Area

2,494

2,230

-10.6%

Racine

350

284

-18.9%

Kenosha

289

245

-15.2%

Walworth

216

142

-34.3%

SE WI Area

3,349

2,90 1

-13.4%

Home sales in the Metropolitan Milwaukee market were down 10.6% in June, but not because of the recent increase in interest rates. Rather, sales were down in comparison to a record setting market in 2021, and sales have simply cooled slightly in 2022. June marked the fourth month in 2022 with decreased sales relative to 2021, again, due to 2021?s exceptional performance. Through the 2nd quarter sales had their second best stretch ever. The 10,0 58 sales in 2022 were second only to 2021?s 10,450.

Although 30 -year mortgage rates did start ticking up last month, June sales were negotiated weeks earlier, when buyers were able to lock in lower interest rates. The impact of increasing interest rates is yet to be seen. New listings were down 21.5% in June for the fourth month in a row. Once more, this was most likely not related to interest rates going up. Instead, last year sellers jumped into a hot market and pushed listings up from 2,654 in 2020 to 3,50 6 in 2021, then coming back down to earth this past June to 2,751 (up 7.8% over 2020 ). The perpetual scarcity of inventory plaguing the market will continue well into the future. To reach a balanced market (commonly understood to be 6 months of inventory) the four county area needed 6,730 additional units through June.

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Interested in selling your home?I have buyers!

D OW N T OW N M I L WA U K EE C O N D O | U P T O $ 70 0 ,0 0 0 2 Bed/ 2 Bath, 1,50 0 + Sq. Ft ., 1+ Parking Space

S I N GL E- FA M I LY H O M E ? N O RT H S H O RE T O B AY V I EW | U P T O $ 4 0 0 ,0 0 0 3 Bed/ 2 Bath, 2 Car Garage, Walkable Location

D U P L EX S O U T H O F D OW N T OW N M I L WA U K EE | U P T O $ 2 5 0 ,0 0 0 2 Bed/ 1+ Bath

D OW N T OW N / P ROS P ECT AV E/ T H I RD WA RD C O N D O | U N D ER $ 4 0 0 ,0 0 0 2 Bed/ 2 Bath, 1+ Parking Space

S I N GL E- FA M I LY H O M E I N B RO O K FI EL D O R M EQ U O N | U P T O $ 1. 2 M 4+ Bed/ 3+ Bath, 4,0 0 0 + Sq. Ft . with 1+ acre of land and a close sense of community

S I N GL E- FA M I LY H O M E I N T H E N O RT H S H O RE | U P T O $ 5 0 0 ,0 0 0 4+ Bed/ 2+ Bath

N O RT H S H O RE/ M EQ U O N / T H I EN SV I L L E | U N D ER $ 5 5 0 ,0 0 0 3 Bed/ 2 Bath, 2,0 0 0 + Sq. Ft ., 2 Car Garage

U P P ER EA ST S I D E C O N D O | U N D ER $ 2 10 ,0 0 0 1 Bed + Den, 1 Parking Space

W EST A L L I S / W EST M I L WA U K EE/ WA U K ES H A D U P L EX | U N D ER $ 2 5 0 ,0 0 0 One vacant unit

S I N GL E- FA M I LY H O M E I N M EN O M O N EE FA L L S | U N D ER $ 4 15 ,0 0 0 3-4 Bedrooms with good bones

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Advisor Tips H EL P FU L T I P S FO R H O M EOW N ERS , B U Y ERS , A N D S EL L ERS

Homeowners T EST YO U R S U M P PU M P

If your home has a sump pump in the basement , you should test it twice a year. Sump pumps typically last about 10 years, and with proper maintenance, could work even longer. Check the water levels of the pump: if it?s overflowing, it?s probably not doing its job properly. Take time to clean the pump of any debris surrounding it , making sure it can do its job efficiently. Unplug and plug in your sump pump, is its energy source working properly? Nipping any issues with your sump pump in the bud can save you thousands down the line when it comes to water damage and flooding.

Source: homelight.com/ blog/ home-maintenance-tips

Buyers EM P L OY M EN T V ERI FI CAT I O N

An important step in getting a mortgage is proving the borrower has a job. In pre-coronavirus days, lenders called the borrower?s employer for a verbal verification. The Federal Housing Finance Authority, which oversees Fannie Mae, Freddie Mac, and federal home loan banks, has relaxed the rules for loans backed by the federal government because so many businesses are closed. Lenders for federally backed loans now accept an email from an employer, a recent year-to-date paystub, or bank statement with a recent payroll deposit as proof of employment .

Source: houselogic.com/ sell/ should-i-sell-my-house/ home-buying-and-selling-during-the-pandemic

Sellers C O N S I D ER T H E EX T ERI O R

Before you list your home on the market , make sure the exterior matches the interior. The outside of your property is the first thing buyers will see when they come to view it . So, it is important this looks appealing and welcoming. Make sure the grass has been mowed and any weeds are removed. Consider adding flowers to bring a bit more color to the property. Make sure windows and doors are not looking worn and tired. If they are, a fresh coat of paint can bring them back to life.

Source: we-heart.com/ 2021/ 12/ 16/ tips-to-sell-your-home-in-2022

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Local Business Interview L EA RN M O RE A B O U T L O CA L B U S I N ES S ES I N YO U R N EI GH B O RH O O D

Int erviewee Name: Amanda Zagrodnik Posit ion: Nutritionist Business Name: Integrative Health & Wellness Business Phone Number: 262-298-0 0 15 Websit e: integrativewi.com Neighborhood: Mequon (and Waukesha) Describe your business. At Integrative Health & Wellness, we specialize in personalized nutrition programs, body composition analysis, food sensitivity testing, and lab testing. We work one-on-one with our clients to help them reach their health goals.

What drives you t o do what you do? What mot ivat es you? My clients motivate me! Helping my clients achieve their health goals, and feel great while doing it , continuously encourages me to keep doing my job and to keep doing it well.

What would your cust omers say t hey love most about your business? Our clients love that we can help them get to the root cause of their symptoms. After a client has started working with us, we often hear them say, "I didn't realize how sick I was feeling until I knew what it felt like to feel good!"

New Cust omer Coupon: Free Consultation ? this can be scheduled on our website or by calling our office.

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Local Flavors to Try A C O L L ECT I O N O F GREAT RESTA U RA N T S T O C H EC K O U T

The Diplomat 8 15 E. B RA DY ST. | M I L WA U K EE

Friendly outpost for American standbys with a contemporary edge plus inventive cocktails

Amilinda 3 15 E. W I S C O N S I N AV E. | M I L WA U K EE

Spanish and Portuguese plates are paired with cocktails and wine in a cozy-chic setting

Saffron - Modern Indian Dining 2 2 3 N . WAT ER ST. | M I L WA U K EE

Traditional Indian cuisine with a modern twist using new age culinary techniques

Positive Quotes A FFI RM AT I O N S T O REP EAT DA I LY

?Insteadof worryingabout what you cannot control, shift your energy towhat you can create.? ? ROY T. BENNETT

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Espresso Martini Recipe FRO M T H E A WA RD -W I N N I N G FO O D B L O G A C O U P L EC O O K S .C O M

Coffee lovers, here?s the cocktail for you! Meet the Espresso Martini. This one is an ideal pick-me-up for a lazy afternoon or an after dinner drink? it even doubles as dessert!

Bittersweet coffee pairs perfectly with the rich sweetness of Kahlua. Add vodka and the trio makes a full-flavored sophisticated drink that tastes like much more than the sum of its parts. It?s cool, frothy, and just sweet enough.

What?s in an Espresso Martini?

Source:

-

Vodka

-

Kahlua (or coffee liqueur)

-

Espresso (or strong coffee)

acouplecooks.com/ espresso-mart ini

The Espresso Martini is a vodka martini mixed with coffee, invented in 1983. A bartender at the Soho Brasserie in London named Dick Bradsell created the drink for a patron who asked for a drink to wake her up. Apparently the coffee machine was right next to the drink station, and the Espresso Martini was born. The name came later, in the 1990 ?s when flavored martinis were all the rage. There are lots of variations on exactly how to make this coffee martini. The original version had two types of coffee liqueur and simple syrup. Today it varies based on the bartender. This cocktail is on the list of International Bartender Association?s IBA official cocktails, meaning that it has an ?official? definition.

How to make an Espresso Martini The only part about an Espresso Martini that takes some time is making the coffee. Luckily, you don?t have to wait for it to cool. Wait a few minutes until it?s warm, then shake it up!

-

Make t he coffee. Make a shot of espresso using an espresso maker or in an Aeropress.

Or, you can make a very strong cup of coffee (we use the Chemex or Aeropress).

-

Shake in a cockt ail shaker. Place the Kahlua, vodka and still warm coffee in a cocktail shaker, add ice, and shake (Don?t have one? Use a mason jar!)

-

St rain int o a glass and garnish. Strain into a martini glass and top with coffee beans, the traditional garnish.

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Just Closed!

15 5 0 E. ROYA L L PL ., UN I T 70 0

5 13 E. FRA N K L I N AV E.

M I LWAUK EE, WI

N EEN A H , WI

2 B EDS | 2 B AT H S | 1,5 8 2 SQ. FT.

3 B EDS | 2 B AT H S | 1,2 70 SQ. FT.

So l d f o r $ 4 4 2 ,0 0 0

So l d f o r $ 2 0 5 ,0 0 0

10 2 15 N . CEDA RB URG RD.

19 75 S. 76 T H ST.

M EQUON , WI

WEST A L L I S, WI

3 B EDS | 1 B AT H | 1,4 6 0 SQ. FT.

2 B ED/ 1 B AT H DUPL EX | 1,6 3 9 SQ. FT.

So l d f o r $ 3 3 5 ,0 0 0

So l d f o r $ 2 10 ,0 0 0

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M

Brandon Tyler GL O B A L REA L ESTAT E A DV I S O R

Brandon Tyler, a native of the Midwest , is a real estate expert who uses his knowledge and passion for the Greater Metro Milwaukee Area to drive success for his clients.

Brandon's real estate career was inspired by early work in luxury high-rise property management? providing top-tier service and experiences for residents and guests of The Moderne and 550 Ultra Lofts. Brandon has since cultivated this client-first mentality into a distinguished energy for servicing buyers and sellers.

Focus, drive and leadership are rooted attributes developed during his years playing collegiate basketball. Many would say Brandon?s personality and consistent efforts towards a common goal are what make working with him such a great fit .

To say Hello, you can find him at Milwaukee's own St . Paul Fish Company, The Pfister or Blu Bat Tequila Bar.

9 2 0 . 5 7 3 .7 0 0 2 | B RA N D O N @M A H L ERS I R.C O M | B RA N D O N T YL ERRE.C O M